Tungsten News

Tungsten News
Tungsten Enables the “Cang Yuan Hao” TBM to Roll Off the Production Line Successfully 98

In the spring of Changshu, Jiangsu, a steel behemoth with a diameter of 16.07 meters—the “Cang Yuan Hao” tunnel boring machine (TBM)—slowly unveiled itself. This national treasure, entirely developed through independent research, is poised to inscribe a new legend along the banks of the Yangtze River. As eyes turn to this record-breaking engineering marvel, one must not overlook the “black gold” coursing through its veins—tungsten. This strategic metal interprets the warmth and resilience of Chinese manufacturing in a distinctive way.…

Tungsten News
Molybdenum Market Update – April 3, 2025 88

Molybdenum market update on April 3, 2025 This week, the overall trend of domestic molybdenum prices showed no significant fluctuations. Influenced by numerous uncertainties, intense price negotiations between supply and demand sides have resulted in low market trading activity and limited actual transaction volumes. Positive Factors: Downstream Industry Demand: Robust growth in industries such as construction, military, and new energy vehicles has increased demand for molybdenum iron in downstream sectors, prompting steel companies to actively procure molybdenum iron. Cost Support:…

Tungsten News
Rare Earth Market Update – April 3, 2025 94

Rare earth market update on April 3, 2025 This week, the domestic rare earth market maintained a sideways trend, characterized by minimal price changes for most products and low enthusiasm among traders to engage in market activities. Specifically, the price of praseodymium-neodymium oxide rose by approximately 1,000 yuan, a 0.23% increase; terbium oxide increased by about 120 yuan, a 1.86% rise; and dysprosium oxide also saw a similar increase of around 120 yuan, up 1.86%. According to China Tungsten Online,…

Tungsten News
Tungsten Prices Rise This Week: Tight Supply, Hesitant Demand 102

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices showed a steady upward trend this week. On the supply side, due to resource scarcity and upstream control strategies, the price bottom of tungsten products is relatively solid. On the demand side, constrained by weak terminal consumption and uncertainty in the economic environment, the market trading rhythm is slow. On the macro side, the escalation of international trade barriers has pushed up the premium of strategic resources, but geopolitical risks…

Tungsten News
Molybdenum Market Update – April 2, 2025 154

Molybdenum market update on April 2, 2025 The domestic molybdenum market as a whole maintains stable operation. With the relatively balanced supply and demand relationship and the absence of major positive news released in the market, most traders conduct rigid transactions. As a result, product prices fluctuate within a narrow range, and the growth rate of orders is also relatively gentle. In the molybdenum concentrate market, the transaction prices of products are basically below 3,400 yuan per ton-degree. Affected by…

Tungsten News
Rare Earth Market Update – April 2, 2025 146

Rare earth market update on April 2, 2025 The domestic rare earth price as a whole show a narrow fluctuation trend. Among them, the prices of praseodymium oxide, holmium oxide and dysprosium oxide are respectively hovering around 462,000 yuan per ton, 470,000 yuan per ton and 1,660,000 yuan per ton, and the actual trading volume in the market is limited. From the perspective of the supply side, first, influenced by factors such as strong efforts in environmental protection and cracking…

Tungsten News
Tungsten Concentrate and APT Prices on April 2, 2025 1,194

Analysis of latest tungsten market from Chinatungsten Online On April 2, 2025, the price trend of tungsten showed a steady trend. The tightening of the supply side was the main driving factor. The demand side was still not ideal, and the market trading activity was limited. The price of 65% black tungsten concentrate was $20,000.0/ton. There was no new supplement in the supply chain. The game between major powers in key minerals pushed up the expectation of scarcity of tungsten…

Tungsten News
Full Chart and Commentary on the Price Trend of Rare Earth Products in China in March 2025 221

I. Analysis of China’s Rare Earth Price Trends in March 2025 According to China Tungsten Online, the price trends of light and heavy rare earth products in China during March 2025 showed distinct patterns. Prices of light rare earth products, such as praseodymium and neodymium, remained relatively stable with mild fluctuations, while heavy rare earth products, such as dysprosium and terbium, experienced more significant volatility. For light rare earths, factors such as a balanced supply-demand relationship, relatively high praseodymium-neodymium prices…

Tungsten News
Full Chart and Commentary on the Price Trend of Molybdenum Products in China in March 2025 107

I. Analysis of China’s Molybdenum Price Trends in March 2025 According to China Tungsten Online, the price trend of molybdenum products in China during March 2025 exhibited a pattern of initial decline followed by a rebound. From the beginning to the middle of the month, the molybdenum market faced multiple downward pressures: steel companies, driven by cost considerations, continuously suppressed molybdenum iron procurement prices, squeezing the profit margins of molybdenum suppliers; the international molybdenum market lacked upward momentum, displaying overall…

Tungsten News
Tungsten Prices Rise, Cobalt Market Contradictions Intensify 153

Analysis of latest tungsten market from Chinatungsten Online At the beginning of April, tungsten prices were in a stalemate and upward exploration cycle. The upstream reluctance to sell and price-supporting strategy had certain results and was supported by some rigid demand in the market. However, the overall consumption pressure of downstream terminals still exists, and the market transaction rhythm is slow. Participants remain cautious and pay attention to the new round of institutional and tungsten enterprise quotations at the beginning…

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